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competition

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Term: 
competition
Domain: 
Finance
Definition: 
Competition refers to a situation in a market in which firms or sellers independently strive for the patronage of buyers in order to achieve a particular business objective, e.g., profits, sales and/or market share.
Source: 
Glossary of Industrial Organisation Economics and Competition Law, compiled by R. S. Khemani and D. M. Shapiro, commissioned by the Directorate for Financial, Fiscal and Enterprise Affairs, OECD, 1993
المصطلح: 
المنافسة
المجال الأحصائي: 
التمويل
التعريف: 
عملية مزاحمة بين الشركات أو البائعين لكسب الزبائن وتحقيق هدف تجاري معين، كالأرباح والمبيعات و/أو حصّة معيّنة من السوق.
المصدر: 
Glossary of Industrial Organisation Economics and Competition Law, compiled by R. S. Khemani and D. M. Shapiro, commissioned by the Directorate for Financial, Fiscal and Enterprise Affairs, OECD, 1993 (translated).